Audi 2013 Annual Report Download - page 255

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
CONSOLIDATED FINANCIAL STATEMENTS
252
B
30 / OTHER LIABILITIES
30.1 / NON-CURRENT OTHER LIABILITIES
EUR million Dec. 31, 2013 Dec. 31, 2012
Advances received under service contracts 412 260
Liabilities from other taxes 41 48
Social security liabilities 22 31
Liabilities from payroll accounting 49 77
Miscellaneous liabilities 318 294
Non-current other liabilities 843 711
Liabilities with a time to maturity of more than five years
amount to EUR 44 (124) million.
30.2 / CURRENT OTHER LIABILITIES
EUR million Dec. 31, 2013 Dec. 31, 2012
Advances received for orders from customers and service contracts 1,299 991
Liabilities from other taxes 166 154
Social security liabilities 120 130
Liabilities from payroll accounting 928 1,046
Miscellaneous liabilities 152 47
Current other liabilities 2,664 2,368
31 / PROVISIONS FOR PENSIONS
Provisions for pensions are created on the basis of plans to
provide retirement, disability and surviving dependent benefits.
The benefit amounts are generally contingent on the length of
service and the remuneration of the employees.
Both defined contribution and defined benefit plans exist within
the Audi Group for retirement benefit arrangements. In the
case of defined contribution plans, the Company pays contribu-
tions to public or private-sector pension plans on the basis of
statutory or contractual requirements, or on a voluntary basis.
Payment of these contributions releases the Company from any
other benefit obligations. Current contribution payments are
reported as an expense for the year in question. With regard to
the Audi Group they total EUR 319 (303) million. Of this, contri-
butions of EUR 299 (286) million were paid in Germany toward
statutory pension insurance.
The retirement benefit systems are based predominantly on
defined benefit plans, with a distinction being made between
systems based on provisions and externally financed benefit
systems. The provisions for pensions for defined benefit plans
are calculated by independent actuaries in accordance with
IAS 19 using the projected unit credit method, a commonly
used method internationally. This measures future obligations
on the basis of the pro rata benefit claims acquired as of the
balance sheet date. The measurement takes account of actu-
arial assumptions regarding discounting rates, remuneration
and retirement benefit trends, staff turnover rates and increas-
ing costs of health care. Actuarial gains and losses result from
deviations in what has actually occurred compared with the
assumptions made during the previous year and from changes
in assumptions. They are reported in equity with no effect on
profit or loss during the period in which they occur, taking
deferred taxes into account.